160
160
Dec 2, 2012
12/12
by
FOXNEWSW
tv
eye 160
favorite 0
quote 0
again, we need to build a temporary bridge to avoid the fiscal cliff and sort this out when we have time. >> jamie: all right. the american medical association initially endorsed obamacare and backtracked, too. we have to see what happens. i guess the president wants what he wants. we vehicle to see whether both sides can come together. thank you so much, john. have a great day. >> guest: thanks. >> jamie: eric? >> eric: jamie, fox news alert from egypt now. the top court of the country announced it suspended its work indefinitely. that because of the protest by supporters of islamist president mohammed morsi. the court was set to rule on the legitimacy of the islamist dominated panel that drafted the new constitution. but it now says it cannot operate in what it calls a "climate filled with hatred." steve harrigan live in cairo at the moment with the latest developments. not very encouraging, steve. good morning. >> reporter: certainly not. in a blow to the egypt constitutional court. judges were going to meet today but the building they were going to meet in was surrounded by protester
again, we need to build a temporary bridge to avoid the fiscal cliff and sort this out when we have time. >> jamie: all right. the american medical association initially endorsed obamacare and backtracked, too. we have to see what happens. i guess the president wants what he wants. we vehicle to see whether both sides can come together. thank you so much, john. have a great day. >> guest: thanks. >> jamie: eric? >> eric: jamie, fox news alert from egypt now. the top...
226
226
Dec 29, 2012
12/12
by
FOXNEWSW
tv
eye 226
favorite 0
quote 0
. >> well, if we go sailing over that fiscal cliff and nothing is done, in the next few weeks you could see a smaller paycheck, depending upon how your withholdings are handled. there are so many things you need to look at as far as your income taxes. the lowest income category could be hit the hardest. that 10% tax bracket goes away all together. so the poor insist of the poor could really take a hit. so it's really time to sit down, look at your situation, start planning, don't panic. and hopefully some sort of deal will be worked out in the final hours. >> heather: plan to have a little less money in your pocketbook. what other factors do we need to consider beyond taxes in our paychecks? >> we've talked a lot about long-term capital gains. that's something you need to be aware of. any sort of gains on dividends is something you'll need to look at in 2013. we've also talked about the alternative minimum tax. you've been hearing about the amt. this is something that came into play in 1969 to make sure that the rich, if you will, played their fair share of taxes. in fact, it's hit the
. >> well, if we go sailing over that fiscal cliff and nothing is done, in the next few weeks you could see a smaller paycheck, depending upon how your withholdings are handled. there are so many things you need to look at as far as your income taxes. the lowest income category could be hit the hardest. that 10% tax bracket goes away all together. so the poor insist of the poor could really take a hit. so it's really time to sit down, look at your situation, start planning, don't panic....
242
242
Dec 25, 2012
12/12
by
FOXNEWSW
tv
eye 242
favorite 0
quote 0
to avert this so-called fiscal cliff. ed, good to see you. merry christmas to you. >> reporter: merry christmas, kelly. economists have warned that this could lead to another recession if in fact these massive spending cuts and tax hikes kick in at the same time right at the beginning of the new year. what they're trying to do to avert that is scaled back plan that the president suggested late last week that would basically deal with some of the emergency pests of this. extended unemployment benefits for two million people about to be kicked off their benefits a week after christmas the president also wants to extend tax cuts for the middle class. you heard house speaker john boehner say the problem there that will raise tax rates for some. he thinks that will hurt the economy, although over the weekend in sort of a holiday message the speaker suggested maybe they can come together after the holiday. >> of course hope springs eternal and i know we have it in us to come together and do the right thing. we'll continue to wo
to avert this so-called fiscal cliff. ed, good to see you. merry christmas to you. >> reporter: merry christmas, kelly. economists have warned that this could lead to another recession if in fact these massive spending cuts and tax hikes kick in at the same time right at the beginning of the new year. what they're trying to do to avert that is scaled back plan that the president suggested late last week that would basically deal with some of the emergency pests of this. extended...
391
391
Dec 2, 2012
12/12
by
FOXNEWSW
tv
eye 391
favorite 0
quote 1
. >> gregg: december is historically a good month for the stock market but fiscal cliff decline could dampen and mute the impact of the slew of economic data out this week. joining us now is brenda buttner. i was amazed to read december markets in 16 of the last 20 years have actually been big, good months for investors who were counting on the market to go up. >> that is broad market. so your 401-k ends the year on a high note. >> gregg: this is different, why? >> we can't look at historical factors in this because do i need to say it again. here we go for the 18th time, it's having a big impact, not only does wall street hate uncertainty but major tax increases that could impact stocks. capital gains, dividends so a lot of investors are say why not sell now when taxes are lower in case they don't come up with a deal. we could see selling pressure on stocks. in addition to to uncertainty which is enough. >> gregg: i talked to a couple brokers, they can't keep up the phone calls. what do we do? do we take a dividend. companies are sending out dividends. cash in on capital gains? >> it
. >> gregg: december is historically a good month for the stock market but fiscal cliff decline could dampen and mute the impact of the slew of economic data out this week. joining us now is brenda buttner. i was amazed to read december markets in 16 of the last 20 years have actually been big, good months for investors who were counting on the market to go up. >> that is broad market. so your 401-k ends the year on a high note. >> gregg: this is different, why? >> we...